9, OCEAN WAY, THORNTON-CLEVELEYS, FY5 1FE - £160,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

9 OCEAN WAY is a very small semi-detached house of 73m², built sometime between 1996 and 2002, which could now be worth an estimated £220,274. It was last sold for £160,000 in May 2009, which was around 18% above the average May 2009 semi-detached price in the Wyre local authority area. The most recent EPC inspection was April 2009, where the current energy rating was D, and the potential energy rating was C.

9 OCEAN WAY Sold Prices

Land registry data shows three sales for 9 OCEAN WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Wyre local authority area for the corresponding sale date. All of the three 9 OCEAN WAY sales were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2009 8 MAY	£160,000	£135,092	18% above HPI
1998 6 NOV	£60,000	£54,859	9% above HPI
1996 11 OCT	£63,645	£51,028	25% above HPI

9 OCEAN WAY Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Wyre local authority area over time, sourced from the HPI. The three 9 OCEAN WAY sales between October 1996 and May 2009 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the November 1998 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the May 2009 sale, where it rises to 18% above the HPI. The line then continues to track at 18% above the HPI.

What might 9 OCEAN WAY be worth now?

9 OCEAN WAY might now be worth an estimated £220,274.

This is based on house price inflation of 37.7%, between May 2009 and February 2025, for semi-detached houses, in the Wyre local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 37.7% inflationary increase is applied to the most recent sale price for 9 OCEAN WAY of £160,000 on 8th May 2009. For the value to have increased from £160,000 to £220,274 over the sixteen years and three months to February 2025, the following assumptions must hold true:

• The value of 9 OCEAN WAY has moved in line with the HPI for semi-detached houses in the Wyre local authority area.
• The May 2009 sale price of £160,000 represented a fair market value for the property.
• The size, condition, and specification of 9 OCEAN WAY has not materially changed since May 2009.

How Large is 9 OCEAN WAY?

9 OCEAN WAY is 73m² according to the EPC inspection conducted in April 2009. This puts it in the smallest 20% of semi-detached houses houses in Cleveleys, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Cleveleys, and where 9 OCEAN WAY lies on this distribution: 10% of semi-detached houses houses are smaller than 9 OCEAN WAY, and 90% of houses are larger. Note that EPC data is not available for all properties in Cleveleys.

9 OCEAN WAY: Plot and Title Map

9 OCEAN WAY sits on a plot of roughly 0.057 of an acre, or 229m². The below map shows the location of 9 OCEAN WAY, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 9 OCEAN WAY). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 9 OCEAN WAY?

9 OCEAN WAY is located in THORNTON-CLEVELEYS, in the FY5 postcode district. The below map shows the position of No. 9 on OCEAN WAY.